Economy

Solutions:   Allowing market to penetrate in the non -efficient areas. Government need to do way with the fear of private sector intrusion and instead adopt the role of facilitator. Intellectual property rights need to be preserved and ecosystem of safety of IPR should be there. Rational and quick decision making on the unviable public … Read more Suggest solutions to deal with the structural challenges of the Indian economy.

Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of money, regardless of their income, resources or employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens. It is one of the kind of … Read more What is Universal base income? Why it was suggested and what are its advantage?

There are disproportionate burden that falls on women and girls due to deficiencies in sanitation facilities.A rapid study conducted in 2016 by WASH Institute and Sambodhiprovides some insight on the burden faced by women:   76 percent of women had to travel a considerable distance to use these facilities. 33 percent of the women have … Read more Lack of access to sanitation is widespread and well documented. The burden faced by women and girls are more due to deficiency in sanitation facility. Comment

India, however, seems to be in a demographic sweet spot with its working-age population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income … Read more Demographic dividend is a potential and not destiny. In this context discuss the Advantage of demographic dividend.

Ans:  Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government services such as research, disease control, and infrastructure and food security.   Amber Box Subsidies : All domestic support measures considered to distort production and … Read more Explain the different type of subsidies as per WTO agreements

Decoupling means Decline in the growth rate of India when world was facing positive growth rate. The Reasons for this decoupling can be attributed to Domestic reasons and the long term effect of balance sheet syndrome.   Reasons are: Demonetisation exercise lead to negative growth rate. Problems in new Indirect tax reform GST. Twin balance … Read more DMPQ: Economic survey suggested that India’s growth decoupled with the world growth? What is this decoupling and what are the reasons for it?( Economic survey)

The committee, set up in 2015 to recommend measures to enhance combat capability and rebalance defence expenditure of the armed forces, has submitted its final report in December 2016. The committee said that if recommendations are implemented, the government can save up to Rs. 25,000 crore from the current expenditure. The major recommendations are as follows: … Read more DMPQ: What was the mandate of the committee headed by D B Shekatkar? Outline its recommendation. ( Military reforms/ polity)

FRBM act was brought to bring fiscal discipline in the Indian fiscal milieu. But the objectives of FRBM have been shifted for various reasons in the past due to global reasons as well as the domestic reasons. Hence FRBM panel was set up to review the act. The recommendation are explained hereunder which are nonbinding … Read more DMPQ: Fiscal solidarity is key to foundation of a strong economy. N k singh committee was set up to head a fiscal responsibility and budget management panel? Discuss the features of the act. ( Economic reforms)

Real estate sector is highly unregulated where black money find its place. Major issues with real estate sector are lengthy approval process for project clearances, lack of clear land titles, diversion of funds received by the developer towards one project to more lucrative ones. Changing of layouts by the developer and legal disputes between buyers … Read more DMPQ: Discuss the key issues with real estate sector? Outline the provisions of Real estate ( regulation and development ) Act, 2016. (Acts)

Current account:       Current account refers to the account maintained by every government of the world in which every kind of transaction is shown, this account is maintained by the central banking body. Current transactions of an economy in foreign currency all over the world- export, import, interest payments, foreign investments in share.   Capital account:         … Read more DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance